For when you can't keep the doctor away.
A Health Savings Account (HSA) is a tax-advantage account that can be used to pay for current or future qualified medical expenses. HSA's are available to individuals and families who qualify and have a high deductible health insurance plan.
Benefits of The Peoples Bank Co. HSA:
- The money left in the account at the end of the year rolls over into the next year.
- You control how you spend your healthcare dollars.
- Interest income grows tax deferred and distributions of income for qualified medical expenses are tax exempt. For a complete list refer to IRS publication 502 on Medical and Dental Expenses.
- Personalized PBC checks